Tag: Kidnapping

South African Kidnappers Demand a 15 Bitcoin Ransom

Bitcoin and other cryptocurrencies have always been appealing to criminals. Whereas most of the illegal activity takes place online, that is not always the case. In South Africa, a kidnapping of a 12-year-old child is making headlines. This is mainly because the kidnappers have demanded a 15 Bitcoin ransom prior to releasing the child. Another Bitcoin-related Kidnapping In the world of criminal activity, covering one’s tracks is not all that …
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Kidnapped Exchange Analyst Pavel Lerner Freed After Paying Bitcoin Ransom

Pavel Lerner has been freed from captivity following his kidnapping this week. The EXMO analyst is physically unharmed and no longer being held hostage, according to a┬ácompany press release. Free at Last On December 26, Pavel Lerner, 40, was wrapping up work at his office in Kiev, Ukraine, where he works as the lead analyst of UK-based cryptocurrency exchange EXMO. Upon leaving work, Lerner was jumped by a group of …
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Will Criminals Start Kidnapping People and Asking for Ransomware in Bitcoin?

Some of the very first associations that the wider public made with Bitcoin upon learning about it were fairly focused on its potentially nefarious connotations. That being said, Bitcoin can still be used for criminal activities. This is most noticeable in the recent wanna cry ransomware attacks and fileless ransomware attacks. So does this mean -like a comment on this linked article suggested- that soon criminals will move beyond ransomware …
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